The body has also demanded a through probe in the matter. Raising concern, the industry representatives said they are against any sort of unlawful or illegal actions by any individual, trade or otherwise.

Will the Indian modern retail industry sooner or later be dominated by global giants such as Walmart, Amazon and Alibaba? It looks like they are aggressively doing ground work to spread their wings in India.

But with stressed assets continuing to pile up and systemic risks getting unmasked by the massive PNB fraud, one can safely say that the BBB turned out to be little more than a paper tiger and the government apparently thinks so too.

AI (Artificial Intelligence) and automationare set to take the centre stage in 2018. With Digital India marking its boundaries farand wide, its real effects will be seen this year, says Mettl CEO Ketan Kapoor.